About the Author

author photo

Residential Re-Sale, Commercial Properties, Foreclosures and Investments…As a long-time Fullerton resident Adam is intimately familiar with North Orange County neighborhoods. He has extensive expertise in residential real estate, commercial build outs, hard money lending and mortgage banking. As an authorized REO agent for GMAC, CountryWide Home Loans and World Savings he has extensive experience in all aspects of the foreclosure process. Investors rely on his knowledge and experience to help them identify and capitalize on distressed properties.

See All Posts by This Author

November Was Rough On O.C. Hotels

February 2nd, 2010 • Related • Filed Under

In the month of November hotels throughout Orange County saw room rates fall 10% in ahotel year and saw 41% of rooms remain empty.

The biggest cuts in room rates occurred in the hotels surrounding John Wayne Airport where hotel room rates were cut 17% on average. Due to the continued success of Disneyland in spite of the recession the hotels with the smallest cuts in room rates occurred in Anaheim which only saw average price cuts of 4%.

52% of rooms in hotels located in South Orange County were vacant this November but hotels in Costa Mesa were the hardest to book with 62% of their hotels filled.

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • Google
  • Blogosphere News
  • Reddit
  • StumbleUpon
  • Technorati

Post a Response